Aussie liquidator prevented from managing Decmil subbies retention fund
Court finds liquidator used retentions fund without first clarifying whether he could.
Will Mace
Wed, 03 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The liquidator of a failed local subsidiary of Australian construction giant Decmil has been prevented from managing a retention fund related to subcontractor work done on a terminated Department of Corrections project.
In a decision released this week, Justice Ailsa Duffy of the High Court at
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Will Mace
Wed, 03 Nov 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
